BXB 1.16% $18.74 brambles limited

major buy for short term move back to $12.40. these analysts...

  1. 172 Posts.
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    major buy for short term move back to $12.40. these analysts cutting their recommendations have something wrong with their heads. they expected 5% growth in europe and only got 2%. big whoop. as if that's really going to put much of a dent on ebit. chep europe has always been growing at the cira 2% mark and net profits have continued to grow strongly.. so what's new that warrants a downgrade to $13 from a price target of $15? some people just have no idea.

    the only major issue with bxb is the aud which will surely hamper aud profits. perfectly primed for takeover in many more ways than just share price weakness. a play for bxb now would be immaculately timed.
 
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